MY CU Services to Purchase Data Processor AMIS

MY CU Services, the payment service and technology CUSO of the $2.44 billion Mid-Atlantic Corporate Federal Credit Union, said Friday it is planning to purchase Advanced Management Information Systems, a provider of information technology systems for credit unions.

Details of the sale are still pending, according to MY CU Services in Middletown, Pa. AMIS’ current offices and staff will remain in place following the purchase, according to a release.

The transition is anticipated to be smooth, as MY CU Services and AMIS have worked in partnership over the years and share many credit union clients, said Drew Kishbaugh, president/CEO of MY CU Services.

“Both organizations know the movement and are committed to helping credit unions grow and succeed in the marketplace,” Kishbaugh said.